Hearing Device Coverage Clarification Act Reintroduced in House and Senate
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The Hearing Device Coverage Clarification Act has been reintroduced in the U.S. House and Senate, aiming to classify certain hearing implants as prosthetics, potentially allowing for Medicare coverage. Envoy Medical, Inc. (NASDAQ: COCH), a company specializing in fully implanted hearing systems, is directly involved.
March 18, 2025 | 11:30 am
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Envoy Medical, Inc. could benefit from the reintroduction of the Hearing Device Coverage Clarification Act, which seeks to classify certain hearing implants as prosthetics, potentially allowing for Medicare coverage.
The reintroduction of the Hearing Device Coverage Clarification Act could lead to Medicare coverage for certain hearing implants. As Envoy Medical specializes in fully implanted hearing systems, this legislative change could increase demand for their products, positively impacting their stock price.
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